New Delhi, June 28 (IANS) The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued show-cause notices to promoters of 76 real estate projects for failing to upload their annual audit reports for the financial year 2024-25 on the authority’s web portal.According to UP RERA, the defaulting promoters have been directed to submit the pending audit reports within 15 days along with the prescribed late fee for the relevant financial year. The authority warned that continued non-complian…
Latest Financial Year 2024–25 News & Updates
New Delhi, Dec 30 (IANS) The Ministry of Corporate Affairs (MCA) on Tuesday extended the deadline for filing financial statements and annual returns under the Companies Act until January 31, 2026, giving companies more time to complete their mandatory filings.The earlier deadline of December 31 was extended after a large number of users complained about technical problems on the MCA portal.Filers reported frequent timeouts, glitches and system errors that made it difficult to upload documents an…
Mumbai, Dec 26 (IANS) Quick commerce company Zepto saw its losses widen significantly in the financial year 2024–25 (FY25) even as its sales more than doubled.According to the company’s audited financial statements, Zepto reported total sales of Rs 9,668.8 crore in FY25, a sharp jump of 129 per cent from Rs 4,223.9 crore in FY24.However, its net loss expanded much faster, rising 177 per cent year-on-year (YoY) to Rs 3,367.3 crore, compared with a loss of Rs 1,214.7 crore in the previous year…